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Watch Benzinga CEO's 'Crazy' XpresSpa Stock Pick Play Out In Real-Time: Video
2020 May 22, 2:42pm | 1045Read More...We talk about trading ideas all the time on PreMarket Prep. Usually, these ideas are based on technicals, relationships or headlines that are already out there. On Friday, we gave a new kind of trading idea: news that hadn’t happened yet. Our CEO Jason Raznick predicted...
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XpresSpa's Stock Skyrockets On Coronavirus Testing Contract
2020 May 22, 10:07am | 245Read More...XpresSpa (Nasdaq: XSPA) shares are trading sharply higher on Friday after the company announced it signed a contract to screen and test for COVID-19 at JFK International Air Terminal. The terminal will host nine separate testing rooms with a capacity to administer over 500 tests per day. XpresSpa...
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How Large Boeing, Delta Options Traders Are Positioning As Economy Reopens
2020 May 21, 4:14pm | 867Read More...Boeing Co (NYSE: BA) shares traded higher by 4.26% on Thursday and Delta Air Lines, Inc. (NYSE: DAL) shares gained 1.94% as the stock market experienced yet another volatile trading session. A flurry of large Boeing and Delta option trades on Thursday morning were mixed in nature, with one deep-...
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PreMarket Prep Stock Of The Day: Expedia Group
2020 May 21, 1:35pm | 677Read More...Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...
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As The Global Economy Weighs Fears Of A Recession, Travel Is Already In A Depression
2020 May 21, 12:44pm | 764Read More...Unemployed rates are now twice what they were in 1933 at the depths of the Great Depression. This trend is even more pronounced in the travel and hospitality segments of the economy. At least eight million of the 15.8 million travel-related workforce that existed in the US just three months ago...
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Airlines Highlight Hygiene Efforts To Win Back Customers
2020 May 21, 8:49am | 1412Read More...With the Memorial Day weekend approaching, U.S. airlines are making a bid to recapture business by emphasizing extensive hygiene protocols and practices designed to reduce the risk of coronavirus transmission. And European authorities issued guidance Wednesday to assure the health safety of air...
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Freight Volumes Echo Strong Consumer Spending
2020 May 19, 5:46pm | 60Read More...Zach Strickland breaks down volumes in the Carrier Update presented by PowerFleet, Luke Falasca talks to brokers about hot spots around the country, and Andrew Cox highlights several notable areas of consumer spending.
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Class I Railroads Target Full Positive Train Control Implementation
2020 May 19, 5:41pm | 520Read More...One hundred percent of the tracks owned by the U.S. operations of the Class I railroads have completed the advanced field testing of positive train control (PTC), a federally mandated safety technology that must be implemented on all Class I railroads, Amtrak and certain commuter rail lines by...
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Container-Ship Owners In Crossfire As Liners Slash Service
2020 May 19, 5:27pm | 1396Read More...Container-ship lessors represent one of the most crowded segments in the U.S.-listed shipping arena – and one of the most highly leveraged to COVID-19. Such owners, known as "tonnage providers," lease vessels for varying lengths of time to liner companies, which use chartered ships to complement...
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Echo Global Logistics Adds TruckPark Parking Services
2020 May 19, 5:18pm | 659Read More...Echo Global Logistics (NASDAQ: ECHO) is upping the value of its EchoDrive Preferred service through a strategic partnership with TruckPark. The program will give Preferred members access to TruckPark's network of overnight commercial truck parking resources at a discounted rate. EchoDrive...
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Heavy Rainfall To Flood Roads From Midwest To Southeast
2020 May 19, 4:54pm | 521Read More...Heavy spring rains could slow down truckers and freight flows from Ohio to the Carolinas over the next two days. SONAR Critical Events and radar: Tuesday, May 19, 2020, 9 a.m. EDT Heavy rains resulted in flooding across parts of Springfield, Ohio yesterday! Permission: Isaiah Gibson@...
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AccuWeather Expert Reveals 'Above-Normal' 2020 Hurricane Season Forecast
2020 May 19, 4:42pm | 172Read More...Ready or not, hurricane season in the United States is near — and with the ongoing coronavirus pandemic, it’s vital to stay abreast of storm forecasts. In the United States, hurricane season spans from June 1 to Nov. 30. Hurricane season consists of hurricanes, tropical storms...
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Southwest, United Start To See Signs Of Relief For Airline Industry
2020 May 19, 2:29pm | 424Read More...On Tuesday, United Airlines Holdings Inc (NASDAQ: UAL) said air travel demand moderately improved in the first half of May, and Southwest Airlines Co (NYSE: LUV) reported positive net bookings for the same period. “The company's month-to-date net positive bookings represent a reversal in...
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Delta To Add Planes If Demand Increases To Keep Flights At 60% Through July: Report
2020 May 19, 8:08am | 296Read More...Delta Air Lines Inc. (NYSE: DAL) is planning to keep its flights at 60% capacity through July, Reuters reported. The airline will instead increase its fleet to match an increase in demand, when it happens. Why It's Important For Delta Air Lines Delta earlier announced it was limiting first...
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Analyst: Here's How Long Carnival, Norwegian And Royal Caribbean Can Last Without Revenue
2020 May 15, 10:41am | 517Read More...With business at a standstill and revenue dry, companies are dipping into cash reserves to cover costs. Few seem to be hurting worse than cruises are. The Cruise Ratings Bank of America analysts Andrew Didora and Geoffrey d’Halluin maintained: A Neutral rating on Carnival Corp (NYSE: CCL)...
